The section provides a detailed description of the study (i.e. the metadata). Topics covered relate to the survey methodology, sampling methods, data collection, funding, dates of collection, geographical coverage and the access policy for the data from this study. Download the metadata in a number of formats from the Export metadata link.

Identification

Country

El Salvador

Title

Global Financial Inclusion (Global Findex) Database 2014

Series Information

The Global Financial Inclusion (Global Findex) Database is the world’s most comprehensive gauge of how adults around the world save, borrow, make payments and manage risk. Launched in 2011 with the support of the Bill & Melinda Gates Foundation, the Global Findex for the first time made it possible to measure financial inclusion for adults around the world, including women, the poor, and rural residents.

Three years later, the 2014 Global Findex provides an update on the indicators collected in 2011 while adding more nuanced data on mobile money accounts and domestic payments. The Global Findex indicators are drawn from survey data collected by Gallup, Inc. over the 2014 calendar year, covering around 150,000 adults in more than 140 economies and representing about 97 percent of the world’s population. The set of indicators will be collected again in 2017.

ID Number

SLV_2014_FINDEX_v01_M

Overview

Abstract

Financial inclusion is critical in reducing poverty and achieving inclusive economic growth. When people can participate in the financial system, they are better able to start and expand businesses, invest in their children’s education, and absorb financial shocks. Yet prior to 2011, little was known about the extent of financial inclusion and the degree to which such groups as the poor, women, and rural residents were excluded from formal financial systems.

By collecting detailed indicators about how adults around the world manage their day-to-day finances, the Global Findex allows policy makers, researchers, businesses, and development practitioners to track how the use of financial services has changed over time. The database can also be used to identify gaps in access to the formal financial system and design policies to expand financial inclusion.

Kind of Data

Sample survey data [ssd]

Units of Analysis

Individual

Scope

Notes

While the first edition provided more than 60 indicators on financial inclusion, the 2014 Global Findex features more than 100 indicators. The database includes indicators on ownership of financial institution accounts and mobile money accounts; use of mobile money accounts for savings and payments; purposes of account use, such as receiving government transfers, wage payments, and agricultural payments; how adults send and receive domestic remittances; savings behavior; use of savings methods, such as banks, and informal savings clubs or people outside the family; sources of borrowing, such as banks, friends, family members; and purposes of borrowing, such as home purchases, school fees, and emergencies. The 2014 Global Findex survey also explored the topic of financial resilience and contains information on how adults deal with emergencies by asking whether and how they can come up with money to deal with them.

Coverage

Geographic Coverage

National Coverage

Universe

The target population is the civilian, non-institutionalized population 15 years and above.

Producers and Sponsors

Primary Investigator(s)

Name

Affiliation

Development Research Group, Finance and Private Sector Development Unit

World Bank

Other Producer(s)

Name

Affiliation

Role

Gallup, Inc.

Carried out the survey in association with its annual Gallup World Poll.